Monday, April 03, 2006

A Few More Trades

Ok, I really mean it this time... No more short term trading! I sold Brookfield Asset Management (Ticker: BAM) for a tiny 3.29% gain. I held onto the stock for a little over 2 weeks. I decided to get back into the NASDAQ 100 @ $42.33 (Ticker: QQQQ). I also nibbled on some Apple @ $63.40 (Ticker: AAPL). So what was I thinking? Umm... ???

The big cap biotech's sold off today. There are a lot of people talking down the group. Earnings will be coming out soon for many of the biotech's and I have a feeling that they will report upside surprises. This is a good time to start nibbling at the big cap biotechs especially when everyone is negative for really no good apparent reason.


Post a Comment

<< Home